Firms To Watch: Commercial, corporate and M&A

EY advisory saw key growth in 2023 with the recruitment of Olli-Pekka Veranen, who has notable experience in cross-border and local transactions as well as private equity deals. Sakari Helminen and Kjell Renlund lead the group from Helsinki and Vaasa, respectively.
Boutique firm I&O Partners Attorneys Ltd has recently expanded its corporate team, which excels in mid-market M&A and private equity work. Risto Ojantakanen and Andrei Aganimov lead the corporate and M&A team.

Commercial, corporate and M&A in Finland

Avance Attorneys Ltd

Avance Attorneys Ltd excels in complex M&A in Finland and across the Nordics, with matters often involving cross-border elements. Erkki-Antti Sadinmaa is an expert in complex M&A transactions; Ilkka Perheentupa advises funds and industrial clients on M&A, investments and capital markets transactions; and Ulf-Henrik Kull is regularly involved in domestic and cross-border transactions throughout the Nordic region. Carl-Henrik Wallin advises on corporate governance issues and has key experience in nuclear industry matters, while Anders Floman has led on a notable number of prominent technology transactions. Robin Nordblad focuses on public M&A, private investment funds as well as regulatory work, and Rasmus Sundström focuses on M&A, public takeovers and equity capital markets transactions. Henrik Aro is the key name at senior associate level.

Practice head(s):

Erkki-Antti Sadinmaa; Ilkka Perheentupa; Ulf-Henrik Kull; Carl-Henrik Wallin; Anders Floman; Robin Nordblad; Rasmus Sundström

Other key lawyers:

Henrik Aro


‘Excellent market knowledge. Partners are very easy to reach and discuss issues with. What they are typically better at vs competitors is being very commercial and being able to support beyond legal discussions and trying to find solutions.’

‘Erkki-Antti Sadinmaa is really our go-to person, given how client-oriented he is. He is very commercial and always trying to find solutions rather than just pointing out legal challenges. He is always ready to help and is open and transparent, which makes it easy to have a trusted commercial relationship. ’

‘The team is efficient, well organised and respectful of deadlines. The team stands out especially with its outstanding co-ordination on transactional matters. As a client, we appreciate the stability of the relationship built with the team. A long-term client relationship has been an advantage to us.’

‘Ilkka Perheentupa is an extremely versatile and knowledgeable M&A lawyer. In addition, he has excellent knowledge of the energy and infrastructure business field and the related legal framework that is very much appreciated. Ilkka understands the client’s needs and offers excellent availability and responsiveness.’

‘Professionalism, easy to work with and flexible.’

‘Integrity and easy to work with.’

Key clients

CVC Capital Partners

Adelis Equity Partners


Alma Media

Ontario Teachers’ Pension Plan




Verso Capital


CapMan Buyout

CapMan Infra

Rettig Group

Summa Equity

Intera Partners



Nordic Capital

MB Funds

Macquarie Infrastructure and Real Assets (MIRA)

Allianz Capital Partners

Altor Equity Partners



Eolus Vind



Mandatum Asset Management

DoorDash, Inc.

Fortaco Group

Standout Capital


Amer Sports

Triton Equity Partners


Clearfield, Inc.

Mutares SE & Co. KGaA

Liidio Oy (Leadfeeder)


Garda Sikring


Coca-Cola HBC AG

Sponsor Capital


Metso Outokumpu

Waterland Private Equity

Work highlights

  • Advised Triton Equity Partners in relation to Crayfish BidCo’s voluntary public cash tender offer for all the shares in Caverion Corporation.
  • Advised Coca-Cola HBC AG on Finnish law aspects of its acquisition of Brown-Forman Finland Oy, owner of the Finlandia vodka brand, from Brown-Forman Corporation’s wholly-owned subsidiary, Brown-Forman Netherlands BV.
  • Advised Hostaway on the $175m strategic growth investment led by PSG.

Castrén & Snellman

Castrén & Snellman‘s private equity and venture capital and corporate governance practices serve a broad spectrum of clients on complex transactions, with an in-depth understanding of regulatory issues across different jurisdictions and broad experience spanning a wide range of industries including the food, energy, renewables, financial and technology sectors. The team consists of practitioners working in all core areas of transactional work: Jan Örndahl and Benjamin Bade jointly lead the M&A team; Jarno Tanhuanpää heads up the transaction services team and is head of private equity and venture capital; and Pauliina Tenhunen leads the corporate governance practice.

Practice head(s):

Jan Örndahl; Benjamin Bade; Jarno Tanhuanpää; Pauliina Tenhunen

Other key lawyers:

Thomas Landell


‘They have an excellent team, seem to have a good team spirit which also mirrors in how they perform. They are good at managing M&A projects and assist in-house teams.’

‘Benjamin Bade is easy to approach, friendly, knowledgeable and pragmatic. He is also solution driven and leads his team efficiently. Warm recommendation.’

‘A solid team working very well together. Quick turnaround in challenging questions, pragmatic and solution oriented.’

‘Lead partner Thomas Landell clearly stands out from the rest. Extremely capable, experienced, hands-on, very clear in written and spoken communication. A very pleasant person to work with, never failed in any manner.

‘Benjamin Bade is commercial, hands-on, and professional. Achieves excellent results.’

‘It was a pleasure to work with the team. The team was very good at keeping the momentum of the transaction and took responsibility. The communication was excellent.’

Key clients

Delta Auto Group Limited

Impinj, Inc.

Geia Food A/S

Triton Investment Management Limited

Sato-Asunnot Oy

Vattenfall Oy

Uponor Infra Oy

Raute Oyj

Litorina Capital Advisors AB

Ilmastorahasto Oy

Schibsted Nordic Marketplaces AS

Länsiauto Oy

Reka Industrial Oyj

Caverion Oyj

Mutares SE & Co. KGaA

Husqvarna Aktiebolag

Huhtamäki Oyj

Ox2 Finland Oy

Work highlights

  • Acting as the legal adviser to Caverion Corporation on a voluntary public tender offer for all issued and outstanding shares in Caverion made by Crayfish BidCo Oy.
  • Advised Vattenfall on an arrangement whereby Vattenfall and Metsähallitus agreed on the development and construction of Finland’s first offshore wind farm in the open sea area.
  • Advised Triton Smaller Mid-Cap Fund II on a new platform investment, the formation of Habeo Group through its acquisition and financing of eight Finnish companies.

Hannes Snellman (Finland)

Hannes Snellman (Finland) is well known for playing a key role on notable M&A transactions in the Finnish market. The department receives mandates from a large and diversified client base, including domestic and foreign leading financial sponsors, multinationals, and Nordic listed companies. Mikko Heinonen focuses on various forms of corporate transactions, finance advisory work, and securities regulation advice, while Johan Aalto specialises in M&A, corporate finance mandates and capital markets work, with an emphasis on public takeovers. Antti Kuha has extensive experience in complex cross-border transactions involving public corporations, Annika Schaumann advises clients on domestic and cross-border M&A and has a focus on private equity transactions. Former M&A group head Sten Olsson departed to Asianajotoimisto White & Case Oy in early 2024.

Other key lawyers:

Mikko Heinonen; Johan Aalto; Antti Kuha; Annika Schaumann; Erik Stenman; Riikka Rannikko


‘Very experienced team.’

‘All-around solid M&A and corporate advice.’

‘Erik Stenman in particular has proven especially responsive and easy to work with.’

‘Having worked with Riikka Rannikko of Hannes Snellman for a few years now, I am impressed. She is always available and delivers, and has the ability to discuss and contribute to a wide range of topics also outside of standard corporate and M&A stuff. From a General Counsel perspective, absolutely fantastic work all the time.’

Key clients

Ahlstrom-Munksjö Oyj

Angel Pond Holdings Corporation

Anora Group

Applied Materials Inc.

Blueprint Genetics Oy

Chevron Products UK Limited


Fazer Group / Oy Karl Fazer Ab

Intera Partners

KONE Corporation

Konecranes Plc

Lassila & Tikanoja Oyj



Metso Outotec Oyj

Nokian Tyres plc

OP Financial Group

Paulig Group

Pontos Oy

Remeo Oy

Sampo plc

Sanoma Corporation


Sentica Partners Oy

Stora Enso

Supermetrics Oy

Telia Company AB, Telia Finland Oyj

Tikkurila Oyj

UPM Group / UPM-Kymmene Corporation

Vaaka Partners Oy

Vitec Software Group AB

YIT Corporation

Work highlights

  • Advised Finnish state enterprise Metsähallitus on the first-ever offshore wind power development project in Finland.
  • Advised the offeror consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital on the recommended public cash tender offer for all shares in Caverion Oyj.
  • Advised Trill Impact on the acquisition of a majority stake in Raksystems.


Specialising in M&A transactions in the healthcare, energy, IT, infrastructure and food sectors, Krogerus' M&A practice covers a broad range of complex, cross-border corporate and M&A matters, and is engaged by private equity and real estate investors, financial institutions and leading Finnish and international corporations. Advising clients on acquisitions, disposals and joint ventures, Marcus Möller has a focus on M&A, while managing partner Mårten Knuts handles domestic and cross-border transactions including takeovers, and Sami Martola is an expert in private equity mandates. Jan Johanson advises clients in matters involving growth equity and venture capital elements, and Mika Ståhlberg excels in the finance sector.

Practice head(s):

Marcus Möller; Mårten Knuts; Sami Martola; Jan Johanson

Other key lawyers:

Mika Ståhlberg


‘A great team with strong legal knowledge and ability to support on a wide range of matters. Krogerus team is not only legally intelligent but combines this in a great manner to pragmatism, always with an easy-going attitude.’

‘Mårten Knuts is simply the best. Intelligent, knowledgeable, pragmatic and great to have on your side. Always willing to support and to provide fresh views, able to think and talk outside of the external counsel box. Has done a lot for the benefit of developing the senior in-house lawyers. Could not expect more.’

‘Relationship and trust minded team with good negotiation skills.’

Key clients

PSG Equity


Volue ASA

TA Associates


Evondos Oy

Harjavalta Oy

Tirinom Oy

Vaaka Partners


Shareholders of Pölkky Oy

Juuri Partners




LocalTapiola General Mutual Insurance Company


JC Switzerland Holding

Nordic Ren-Gas Oy

Copenhagen Infrastructure Partners (CIP)

Work highlights

  • Advised Sampo on its strategic review of Mandatum, which was initially announced in December 2022.
  • Acted for TA Associates (TA) on TA and Warburg Pincus’ acquisition of a majority stake in Epassi Group from majority shareholder Bregal Milestone.
  • Advised Fennia Life Insurance Company Ltd. on its acquisition of Svenska Handelsbanken’s Finnish life insurance business, including investment, pension, and loan protection insurance portfolios.


Roschier focuses on public and private M&A, private equity mandates and cross-border transactions, and is engaged in boardroom and other high-end corporate advice. The group counts listed companies, PE houses, banks and lending institutions, technology and telecoms companies, large family-owned enterprises and late-stage growth companies on its roster of clients. The firm is also competent in complex industrial and PE transactions, corporate governance work, risk management issues and industrial restructurings. Jouni Salmi heads up the private M&A team, while Antti Ihamuotila leads the public M&A team, and Tero Jormanainen is head of private equity.

Practice head(s):

Jouni Salmi; Antti Ihamuotila; Tero Jormanainen


‘Best team in Finland. Fantastic breadth of the team on all topics.’

‘Antti Ihamuotila is the best lawyer in the country. Broad experience provides unique perspective and depth of knowledge.’

‘Jouni Salmi is an extremely seasoned M&A lawyer with great judgement and maturity.’

‘A team with highly versatile capabilities. Always able to execute no matter how tight the deadline or how complex the deal circumstances. Very clear and precise communication, also able to facilitate deals for less experienced counterparts.’

‘Tero Jormanainen is a great communicator and has the ability to make any circumstances feel straightforward and simple despite the deal complexity.’

‘Very solid firm, one of the key players of the market. Has all requisite local resources.’

‘Jouni Salmi is always tempered, a good negotiator and solution maker. A great player to have on your side on a high-stakes transaction.’

‘Pragmatic and business-oriented approach, ability to get deals done. Their team is of course of highest calibre in Finland when it comes to M&A, structuring, MIP, financing and those kinds of topics.’

Key clients

Telia Company

Suomen Autokauppa Oy

Tietoevry Corporation

Loxam S.A.S.

Boels Topholding B.V.

Investor consortium led by ANTA Sports Products Limited


Musti Group Oy

Huhtamäki Oyj

Finnair Oyj

Bain Capital

Neles Corporation


IK Partners


GoTo Technologies

Vipps MobilePay AS

Work highlights

  • Advised Vipps on its business combination with MobilePay.
  • Advised Warburg Pincus on the acquisition of Epassi Group.
  • Advised Metso on the acquisition of Ab A. Häggblom Oy, a privately owned Finnish engineering and manufacturing company providing mining truck bodies and buckets.

Asianajotoimisto White & Case Oy

With expertise in complex, cross-border transactions, Asianajotoimisto White & Case Oy has extensive experience in structuring and executing domestic and cross-border M&A, demergers, leveraged buy-outs, joint ventures and equity investments across the full range of sectors. Timo Airisto heads up the department and advises international and local clients on cross-border corporate transactions including public tender offers and M&A. The ‘extremely impressive’ Victor Åberg focuses on private equity acquisitions and has advised on a broad range of complex cross-border corporate transactions. The practice also gained the expertise on Sten Olsson in early 2024, who joined from Hannes Snellman (Finland), while Janko Lindros departed to Borenius in mid-2023.

Practice head(s):

Timo Airisto

Other key lawyers:

Victor Åberg; Sten Olsson


‘Victor Åberg is an outstanding lawyer. He has never wavered to help on anything that came up, diligently leading workstreams and coming up with new and differentiated ideas.’

‘Seamless integration across international and local teams. They have made a huge effort to understand and adapt to our needs as an institution and therefore have become indispensable partners. Highly collaborative approach and an excellent balance between risk management and commercial effectiveness.’

‘Victor Åberg is an extremely impressive lawyer, with deep subject matter expertise and a highly collaborative and client centric approach. He is highly proactive and has made the effort to build a deep reservoir of knowledge around our portfolio company and us as an institution, meaning he feels like part of our extended team and is extremely efficient and a pleasure to work with.’

‘Victor Åberg is an excellent lawyer with broad experience of international transactions, which really makes a difference. Very high service level and provides useful advice.’

Key clients



Bertin Technologies (backed by FCDE)


BNP Paribas Asset Management

BNP Paribas Real Estate Investment Management

Bregal Milestone


Ensto Building Systems



Evolver Equity

F-Secure Corporation

Georg Fischer

Goldman Sachs

Hexatronic Group




M&G European Living Holding S.á r.l.




Nordic BIM Group




Stora Enso



UPM Kymmene



Work highlights

  • Advised Georg Fischer on its €2.1bn voluntary recommended public cash tender offer for all the issued and outstanding shares in Uponor.
  • Advised DNV on its voluntary recommended cash tender offer for all the issued and outstanding shares and stock options in Nixu.
  • Advised Bregal Milestone and other shareholders on the sale of Epassi Group Oy to a consortium consisting of TA Associates and Warburg Pincus.

Bird & Bird LLP

Bird & Bird‘s corporate department fields experts in transactional mandates, leveraging corporate, commercial and regulatory knowledge to assist with all business strategies and challenges, often involving cross-border elements. Group head Maria Carlsson is focused on cross-border private M&A and has expertise in the technology and media, infrastructure and transport, and real estate sectors. Mikko Ahonen has strong experience in private equity mandates, advising Finnish and international private equity investors, as well as publicly and privately held companies on domestic and cross-border transactions; while Matti Kuokkanen advises on M&A transactions and day-to-day commercial and corporate matters. Iina-Mari Supper was promoted to partner in May 2023.

Practice head(s):

Maria Carlsson

Other key lawyers:

Mikko Ahonen; Matti Kuokkanen; Iina-Mari Supper


‘Maria Carlsson and her team has very strong experience in corporate transactions and gave us as a client many useful tips during negations.’

‘Maria Carlsson has a good understanding of customer preferences and needs.’

‘Competent, business-oriented and pragmatic.’

‘Maria Carlsson, Partner – excellent knowledge of M&A, business driven and customer oriented.’

‘Very experienced and competent team, covering all legal aspects needed in a strategic M&A process, including but not limited to complex competition law and filing issues.’

‘Experience from a wide variety of transactions, including support in negotiations and negotiation tactics in addition to actual legal framework.’

‘Great team/firm for mid-sized M&A projects!’

‘We have been working with Mikko Ahonen (and his team) on a number of cases. Always a pleasure to work with Mikko. Professional, experienced and pragmatic. Great match for our needs.’

Key clients

Edita Group


Cyient Corporation

Mitsubishi Corporation

Prime Minister’s Office

Eezy Group

Sponsor Capital

Pinja Group


City of Vantaa

Adola Oy

Enersense International

S-Bank Ltd (S-Pankki Oyj)

Vantaan Kiinnike ja Rak Oy

Juuri Partners

Ekokuljetus JNH Oy

Work highlights

  • Advising listed Indian corporation Cyient Limited on its acquisition from PE investor Sentica of Sentiec Oyj and its subsidiaries forming the Citec Group.
  • Advising S-Bank Plc on the acquisition of the Finnish private customer, asset management and investment services operations of Svenska Handelsbanken AB.
  • Advising Edita Group Oyj on the divestment of its subsidiary Edita Prima Oy to PostNord Strålfors Oy, a Nordic communications solution provider.


With strong experience in the private equity space, Borenius‘ M&A and private equity practice draws on the firm's full-service approach to assist with a wide range of cross-border and Finnish matters. The practice is co-led by experienced partners Johannes Piha, who specialises in M&A and private equity transactions; and Johan Roman, who focuses on cross-border and domestic infrastructure and energy transactions. The practice works with a broad spectrum of clients and often receives mandates from private equity companies and industrial corporates. Janko Lindros' expertise in M&A bolsters the team’s offering, which also includes Jyrki Tähtinen and Nella Åström.

Practice head(s):

Johannes Piha; Johan Roman

Other key lawyers:

Janko Lindros; Jyrki Tähtinen; Nella Åström; Juha Koponen


‘Senior level involvement always present.’

‘The senior associates come across as experienced.’

‘Juha Koponen is a particularly capable senior counsel having both M&A as well as capital market experience. Also, his international experience is to be highly regarded.’

‘Efficient teamwork and roles.’

‘Johannes Piha stands out as seasoned M&A attorney and has a pragmatic approach to problems/challenges.’

‘Highly responsive. Clear focus on business impacts and good support on prioritising accordingly.’

Key clients

Norvestor VIII SCSp

Vaaka Partners Oy

CapMan Oyj

Korona Invest Oy

Netflix Inc.

EAB Group

Keliber Oy

Sievo Oy Oyj

Vitruvian Partners

Platinum Equity

Componenta Plc

Accountor Oy

Nixu Oyj

Work highlights

  • Advising Nixu Corporation on the voluntary recommended cash tender offer by DNV AS.
  • Advised Norvestor on acquiring Rantalainen.
  • Advised the City of Helsinki on the sale of Palmia to Mutares, a German private equity investor.

Dittmar & Indrenius

Dittmar & Indrenius is a trusted adviser for clients across a broad spectrum of industries, including the healthcare, media, IT, industrial, energy and infrastructure sectors, advising on high-value transactions in the corporate and private equity spheres, often with cross-border elements. Wilhelm Eklund and Mikko Eerola jointly lead the transaction powerhouse team; while Eklund regularly advises private equity houses and large corporates on transactions, Eerola focuses on M&A and private equity matters in the energy and infrastructure fields. Anders Carlberg regularly acts for private equity houses and financial institutions; Gabrielle Dannberg has a special focus on technology transactions; and Jasper Kuhlefelt regularly advises private equity houses and large corporations on public takeovers, buy-outs, exits, minority investments, joint ventures and corporate reorganisations. Jan Ollila heads up the firm’s public M&A practice.

Practice head(s):

Wilhelm Eklund; Mikko Eerola

Other key lawyers:

Anders Carlberg; Gabrielle Dannberg; Jasper Kuhlefelt; Jan Ollila


‘The team is easily reachable and responsive. Anders Carlberg has lengthy experience and always gives good pragmatic advice.’

‘Very competent individuals that put us as clients in the centre and know when to push-back or accommodate in a negotiation setting. Ability to clearly “translate” legal matters to a commercial setting and financial impact.’

‘Overall very strong team with solid commercial understanding and solution-oriented mindset. In my experience they have good depth in the team, and you can expect to receive high-quality advice regardless of who you work with in the practice.’

‘Anders Carlberg can be trusted in tough negotiations. Jasper Kuhlefelt is a very hard-working individual and always available when needed.’

‘Well known and experienced in the Finnish energy sector, have a depth of practice which very few of their peers do. Is a partner led delivery and you feel like you have the best of their team working with you to deliver your transaction.’

‘Mikko Eerola – incredibly involved in the matter, understood our requirements and value drivers and advised accordingly. Flexible and always on hand. Was comfortable putting Mikko “head to head” with his legal counterparts due to his reputation. Steadfast and honest, love working with this guy.’

Key clients

Svenska Handelsbanken AB

KLAR Partners

MB Funds




Pandion Mine Finance

Arise AB

MPY Osuuskunta

Kreate Group Oyj

Partners Group


EAB Private Equity


Work highlights

  • Advised Handelsbanken on the disposal of its private, SME, asset management and life insurance operations in Finland for €1.4bn.
  • Advised Enerim on the sale of its Wholesale Markets business to Volue ASA.
  • Advised MPY Osuuskunta on the sale of MPY Telecom Oyj to Infranode and the sale of MPY Yrityspalvelut Oyj to Tietokeskus Finland Oy.

DLA Piper Finland Attorneys Ltd

DLA Piper Finland Attorneys Ltd‘s corporate and M&A practice is well-known for its capabilities in cross-border and domestic mid-market M&A and private equity transactions. The group receives mandates from private equity and industrial clients spanning a variety of sectors. Salla Tuominen has vast experience in equity capital markets work and advises on domestic and cross-border M&A transactions, venture capital and private equity mandates, and corporate governance and compliance issues. Ilkka Liljeroos is experienced across the full range of domestic and international M&A and private equity transactions.

Practice head(s):

Salla Tuominen

Other key lawyers:

Ilkka Liljeroos; Matti Ylä-Mononen


‘The team has the perfect background and vast experience, which is most useful in our case, and their altruistic approach to explore potential collaboration opportunities with us made all this possible.’

‘Professionalism and exceptional abilities to listen and understand our “challenged” vision, and then to provide needed support and advice to go forward (mentally and technically).’

‘Great people, understand timelines. You can easily reach by phone or mail. Hardworking.’

‘DLA team led by Matti Ylä-Mononen is business and results oriented in their advice and services. The team can contribute to all different aspects that surface in the M&A deal.’

Key clients

AAC Capital and a private equity fund managed by AAC Capital

ABRY Partners

AddSecure Group

Admicom Plc

Alfen N.V.

Avidly Plc

Avient Corporation

Bladefence Ltd

Bolt Group Oy


Bregal Milestone

Brockwell Capital

CapMan Special Situations I Ky


Digia Plc

Digital 9 Infrastructure plc (D9)

Elisa Plc

Enersense International Oyj

Euclid Transactional

Fairpoint Capital AB

Geniem Oy

GoGolf Oy

Helppy Oy

HkScan Corporation



Keskinen Recycling Oy

Læringsverkstedet Gruppen AS

Manitou BF, SA

MANN+HUMMEL International GmbH & Co. KG

MB Funds

Ministry of Justice

MVisionAI Oy


Nordic Eye Venture Capital

Nordic Inertial Oy

Open Ocean Ventures

Oy Peuramaa Golf – Hjortlandet Golf Ab

Pamark Group Oy

Peak Capital

Plarium Global Ltd

Picosun Oy

PPG Industries, Inc.

Raksystems Group / MB Funds

Saari Partners and its fund Saari I Ky

Safedo Oyj

Spinverse Oy

Sponsor Capital



Superhero Capital

Tallink Group

Tesi (Finnish Industry Investment)

TLD Registry Oy

Tenendum Oy

Tikkurila Oyj

TM Voima Oy


VisionPlus Fund I Ky


Wulff Group Plc

Work highlights

  • Advising HKScan on the €90m divestment of its Baltic business to Estonia-based AS Maag Grupp.
  • Acting as legal adviser for MANN+HUMMEL on its acquisition of 60% of the shares in M-Filter.
  • Advising CapMan Special Situations I in connection with the merger of its portfolio company HopLop into Leo’s Lekland, a portfolio company of Litorina.

Dottir Attorneys Ltd.

Dottir Attorneys Ltd.‘s corporate and M&A practice handles private and public M&A, equity investments and IPOs, covering all stages of the deal from strategy and due diligence to contract negotiations and regulatory filings. The department also advises clients on day-to-day corporate administrations and has additional experience in technology transactions. Head of the team Juha Nurminen advises clients on various types of transactions involving private and public M&A, private equity issues and capital markets elements.

Practice head(s):

Juha Nurminen

Other key lawyers:

Johanna Rantanen; Jaakko Lindgren


‘Excellent negotiation skills, and ability to resolve tough situations. Prompt responses to requests and great support for clients.’

‘Johanna Rantanen is phenomenal and excellent in any negotiations. She’s an excellent negotiator who wants to find solutions and can bring them about in a very polite manner to any culture.’

‘Dottir goes above and beyond. Their corporate and M&A advisory practice gets things done, giving more in-depth and personal advice, and running the whole show. Their way of collaborating and negotiating on behalf of the customer is the best.’

‘Jaakko Lindgren, the founding partner of Dottir, is the person who knows what excellence means. He has the skills to get deals over the line.’

‘Pragmatic team, strong on M&A and tech. Great delivery.’

Key clients

Shareholders of Huhtala Logistics Oy

Toyrock Group

Fixably Oy

Jolt Capital

Endeit Capital

Shareholder of Walker & Handson

Newil&Bau Oy

Voland Partners

Upright Oy

Hyperion Robotics Oy

Rentle Oy

Tracegrow Oy

Ruokaboksi Oy

World Fund

Happeo Oy

Solnet Green Energy Oy

Hoiwa Oy

Cronvall Oy

Work highlights

  • Advised the shareholders of Huhtala Logistics Oy on a transaction in which Huhtala Logistics and Peura-Trans Oy merged, and Finnish investment company Lease Deal Group acquired a minority stake in the new group.
  • Advised Jolt Capital, Helen Ventures, and other investors on the €85m growth funding of Virta.
  • Advised Vincit Plc, as a sole legal adviser, on its merger with Bilot Plc.

Eversheds Asianajotoimisto Oy / Eversheds Attorneys Ltd (a member of Eversheds Sutherland)

Eversheds Asianajotoimisto Oy / Eversheds Attorneys Ltd (a member of Eversheds Sutherland)'s practice handles engagements from major international corporations to medium and small private businesses and technology start-ups. The practice group is jointly led by Harri Tolppanen, who specialises in mergers, acquisitions, investments and corporate transactions and the related financing solutions; Vesa Turkki, who focuses on corporate transactions and M&A and contractual issues; Mika Taberman, who is an expert in venture capital mandates; and Johan Wesander, who has extensive experience in cross-border transactions.

Practice head(s):

Harri Tolppanen; Vesa Turkki; Mika Taberman; Johan Wesander


‘Eversheds has been very effective and straightforward especially in M&A. They have also given good advice for solving difficult negotiation situations.’

‘The lawyers have actively sought solutions in our negotiations.’

‘I have enjoyed their response time, availability, and know-how. They know the Finnish market and can call in experts from abroad if needed.’

‘The main partner is always available and very punctual with delivery of work.’

Key clients

Econia Ltd

Brady Corporation

CapMan Special Situations I Ky

Elcoline Oy

Aquila Capital

Glennmont Partners from Nuveen

Korona Fund IV Ky

Revenio Group Plc

Trombia Technologies

Specsavers Group

Digitalist Group Plc

Elisa Corporation

Enersense International Plc

Stena Recycling Oy

Afarak Group SE

Wetteri Plc (former Soprano Plc)


Work highlights

  • Advised Afarak Group SE on a €59.5m complex cross-border transaction combining LL Resources GmbH (LLR) into Afarak by Afarak issuing new shares as consideration to the shareholders of LLR.
  • Advised Elcoline Group Oy on a €20m+ equity investment by a group of investors led by EAB Private Equity, part of Evli Plc.
  • Advised Glennmont Partners of Nuveen on an investment into a 30MW/41MWh battery energy storage system adjacent to Glennmont’s Piiparinmäki wind farm.

HPP Attorneys

HPP Attorneys' corporate and M&A department has been involved in deep tech and green transition investments, renewable energy and infrastructure transactions, tech-related M&A and growth investments. The team, which is ‘known for providing outstanding and prompt service to clients’, is jointly led by Antti Säiläkivi, who focuses on corporate, M&A and private equity fund work, and Andrew Cotton, who is particularly focused on cross-border M&A deals, advising foreign private equity clients on investments into Finland.

Practice head(s):

Antti Säiläkivi; Andrew Cotton

Other key lawyers:

Björn Nykvist


‘The individuals at HPP truly stand out for several exceptional qualities that set them apart from their competitors. Their commitment to excellence and the qualities we have valued in them include exceptional service, market expertise and specialised expertise.’

‘HPP’s team is known for providing an outstanding and prompt service to clients. Their responsiveness and dedication to meeting clients’ needs are qualities that make them stand out in the legal field.’

‘One of the standout qualities of HPP is their exceptional understanding of the market, which is particularly noteworthy in the legal aspects of the energy sector. Their deep knowledge of legislation and regulations in this field is unparalleled.’

‘Specific standout partners and associates at HPP bring a high level of specialised expertise to the table. Their in-depth knowledge of renewable energy, including wind and solar power, allows them to provide tailored advice that addresses the unique challenges and opportunities in these sectors.’

‘The team is very skilled and has high capacity.’

‘Björn Nykvist is very experienced and well-connected.’

‘Andrew Cotton is very easy to work with. He is trained in both English and Finnish Law and knows how to easily explain any concept specific to local law.’

‘The approach of Antti Säiläkivi to any and all corporate legal matters is outstanding. Antti and his team can handle all of our legal questions effectively and quickly. Antti Säiläkivi is the go-to corporate legal guy. His experience, capabilities and understanding of our business are simply magnificent. No issue goes unsolved, and we can count on premium delivery – makes your life easy.’

Key clients

Commerz Real AG

Cube Infrastructure Managers

Terrafame Group Limited

Aquila Capital GmbH

Total Energies Plc

Kempower Plc

Stellex Capital Management LLC

Lone Star Fund

OGCI Climate Investments LLP

Finnish Mineral Group

Work highlights

  • Advised French green hydrogen producer Lhyfe on its investment into Flexens Oy Ab, its first transaction in Finland.
  • Advised TotalEnergies on its acquisition of a 20% stake in Ductor.
  • Advised the sellers of Dutch company Vitavanti Group B.V. on the sale of all the company’s shares to Digital Care Solutions Oy and management rollover.

Lieke Attorneys Ltd.

Lieke Attorneys Ltd.‘s commercial, corporate and M&A team has been involved in a range of complex energy transactions and auction processes for corporate clients both in Finland and abroad. The department is led by Ville Vyyryläinen and Jussi Ekonen. Vyyryläinen is a key contact for all corporate-related matters and has carried out several domestic and cross-border financing and M&A transactions; and Ekonen, who made partner in January 2023, advises on M&A processes, especially within the energy and infrastructure sectors.

Practice head(s):

Jussi Ekonen; Ville Vyyryläinen


‘The merger support we got was exceptional.’

‘The team works well and grasps my needs quickly.’

‘The Lieke team is highly experienced and dedicated to providing the right advice at the right time. They focus on excellent client experience and always ensure that assistance is available even in urgent needs. They are committed, highly professional, and always work relentlessly to support our team. What differentiates them from their competitors is the cross-understanding of different areas of law and technology with the capability of combining these into valuable legal advice.’

‘Lieke deploys an impressive, international-focused team, with great experience and knowledge of the Finnish legal system. Their outlook is modern and progressive, and the team functions in an effective and relatively informal manner. Team diversity is high, and results are strong.’

‘Ville Vyyryläinen is a standout individual, working seamlessly with a wider team of transactional and dispute attorneys. He is approachable and committed and is a pleasure to work with.’

Key clients

DEAS Property Fund Finland I

Bittiriihi Oy

Cactos Oy

Luxid Group Oy

Winda Energy Oy

IVALO Creative Agency Oy

Ouman Oy

Amua Oy

DigiFinland Oy

Ministry of Finance

Ekorosk Oy Ab

SF Power Company

Sharper Shape Oy

Nordic Biotech Group Oy

Straightforward Capital Fund Ky

MAXA Holding Limited

Temet Group Oy

Haminan Energia Oy

Suomen Hyötytuuli Oy

Puhuri Oy

Vantaan Energia Oy

Suomen Voima Oy (Finnish Power Ltd)

Keravan Energia Oy

Vitec ALMA Oy (former ALMA Consulting Oy)

Work highlights

  • Assisted a UK-headquartered listed medtech company with the streamlining of its group structure in the Nordics.
  • Advised Haminan Energia Oy on the sale of Haminan Kaasuverkko Oy, a gas distribution company, and a gas customer portfolio to Auris Energia.
  • Providing legal services to the Ministry of Finance across several practice areas.


Magnusson is recognised for its work in the corporate and M&A space, especially cross-border transactions. Co-head Heikki Wide is experienced in general commercial, corporate and contract law and regularly advises international industrial companies on acquisitions, joint ventures, financings, and business transactions. Co-head Tomi Merenheimo focuses on contract law, mergers and acquisitions, employment issues and technology work; and Ville Salonen has vast experience of handling cross-border commercial and transactional matters with a particular focus on the mining, real estate and technology sectors. Lilli Parbo was promoted to senior associate in April 2023.

Practice head(s):

Heikki Wide; Tomi Merenheimo; Ville Salonen

Other key lawyers:

Lilli Parbo


‘The team is very responsive and flexible.’

‘Knowledge, capabilities and long-term relationship.’

‘Over the years, Heikki Wide has become more than an expert of law on our case. With his experience he has been able to bring a valuable perspective and sparring partner on several business issues. ’

‘The team is very professional and yet provides advice in a way that is convenient for a non-legal person. They also have a good sense of what is relevant in any given case.’

‘Collaboration is easy and straightforward. People are easy to get along with. The team is highly skilled at what they do. They can also provide you top quality even at short notice. We also appreciate the fact that Magnusson can provide us with a high-quality service in several countries.’

‘You can sense that people at Magnusson enjoy working at the firm. People are highly motivated, and you can see that when you work with them.’

Key clients

Northgold AB

SSA Rakennus Oy

St1 Group

Eurofins Scientific

Book Salon Oy

Teknos Group

Essedel Group

Sofigate Group

Hycamite TCD Technologies

Algol Group

Forus Group

Work highlights

  • Advised Northgold AB on the acquisition of the entire share capital of the Finnish company Northern Aspect Resources Oy from the public Canadian company Rupert Resources Ltd.
  • Assisted Book Salon Oy with the review of investment agreements and the preparation of corporate law documentation in connection with the capital investments in Book Salon, amounting approximately to €3m.
  • Advised Hycamite TCD Technologies Oy on a financing round raising €25m to support low-carbon hydrogen production.


Waselius‘s ‘highly competent’ M&A, corporate and commercial department assists clients with domestic and international transactions, including the sale, purchase and financing of companies and businesses, joint ventures, mergers, takeovers, private equity and venture capital transactions, and management buy-outs. Christoffer Waselius, who focuses on M&A, and Jaakko Huhtala, who has combined expertise in M&A transactions and general corporate law as well as financial and insurance regulatory matters, jointly lead the team.

Practice head(s):

Christoffer Waselius; Jaakko Huhtala


‘Extremely responsive and pleasant to work with! Strong focus on contributing with actually valuable advice.’

‘Christoffer Waselius – a man for all seasons. His presence brings true weight to the negotiation table. ’

‘Jaakko Huhtala is a very pragmatic adviser. Knowledgeable and gives trustworthy advice.’

‘Highly competent team.’

‘Jaakko Huhtala has experience as an entrepreneur in the finance industry which shows up in a good way.’

Key clients


Hedin Mobility Group AB




adesso SE


Loomis AB

Heimdall Terminals

Essity Group

Accent Equity 2008 L.P.

NCS Finland Oy


Life Finland

Work highlights

  • Advised Hedin Automotive on reaching an agreement with Delta Motor Group Oy for the acquisition of all shares in Delta Auto Oy as well as the operative business of Delta Motor Group Oy.
  • Advised YOC AG (ETR), a listed German mobile ad tech company, on the acquisition of Nostemedia Oy, a Finnish digital marketing specialist company.
  • Advised Essity on the divestment of its shares in Encore Ympäristöpalvelut Oy to Stena Recycling Oy.

KPMG in Finland

KPMG Law in Finland’s M&A and corporate team is headed up by Juha Koivula and Kai Soini. Koivula is experienced in M&A, real estate portfolio transactions and financings as well as company and contract law and is engaged by software and IT companies and clients in the energy sector, while Soini specialises in group reorganisations, M&A and real estate development projects, in particular corporate, contract and real estate mandates.

Practice head(s):

Juha Koivula; Kai Soini


‘KPMG’s commercial team with legal affairs work well together. They have good knowledge about renewable markets to reach economically good and acceptable results.’

‘I think the services we have received from KPMG Law in Finland have been very good and the service is precise and they understand the customers needs.’

‘Kai Soini – legal work combined with economical aspects.’

Key clients

Cooperative Tradeka

Lumon Group

Finsilva Oyj

Dasos Capital

Tornator Oyj

Wärtsilä Plc

Fazer Group

Hartela Oy

Pohjola Rakennus Group

Novart Oy

Lujatalo Oy

Kojamo Oyj

Peab Oy

A-Lehdet Oy

EKE-Finance Oy

Wolt Enterprises Oy

Multitude SE

Cargotec Plc

Witted Megacorp Plc

Tamtron Plc

Svea Bank AB, Finnish branch


Work highlights

  • Supported Sampo Plc with its strategic initiative to separate life insurance and asset management subsidiary group Mandatum from Sampo Group by way of partial demerger and further to list Mandatum Plc’s shares in Nasdaq Helsinki.
  • Acted as the legal adviser to the shareholders of Mezzoforte Oy, the company behind, on the auction sale of the company to Vaaka Partners, a Finnish private equity investor.
  • Advised Finsilva Plc on entering into cooperation with Eolus Finland regarding the development of a portfolio of five onshore wind power projects located in Central Finland, with a potential for more than 600MW in total.

Lexia Attorneys Ltd

Lexia Attorneys Ltd advises on the full range of corporate and M&A mandates, including domestic and cross-border transactions, joint ventures, takeovers, MBOs and compliance matters. The department is headed up by Samuli Koskela, who is 'an experienced, competent and well-networked lawyer'; Olli Kotila and Lauri Oja, who all focus on M&A.

Practice head(s):

Samuli Koskela; Olli Kotila; Lauri Oja

Other key lawyers:

Kimmo Suominen


‘The team proved to be competent and especially flexible, and the company has enough expertise in special fields.’

‘Samuli Koskela is an experienced, competent and well-networked lawyer with exceptional situational awareness and the ability to manage entities and plan for the future.’

‘Kimmo Suominen is an experienced, competent and flexible lawyer who constructively seeks solutions to even complex matters.’

‘Excellent customer service, and expertise. Understanding the customer and managing the entire project.’

Key clients

Pfeifer Holding GmbH


Peura-Trans Ltd.

Uudenkaupungin työveneLtd.

Panostaja Plc.

Bonusway Ltd.

Labroc Ltd.

Aare Invest Ltd.

Veloxia Ltd.

Family in Music Ltd.

Leden Group Ltd.

Pohjanmaan Arvo Sijoitusosuuskunta

Axopar Boats Ltd.

Elmery Ltd.

Fluxio Ltd.

Fepod Ltd.

Enreach Ltd.

Work highlights

  • Advised Soprano Oyj on its acquisition of Wetteri Corporation and the creation of Wetteri Group.
  • Advised Austria headquartered wood processing company Pfeifer Holding GmbH on its acquisition of Pölkky Oy.
  • Advised Axopar Boats Oy on two strategic investments where Axopar acquired minority stakes in Agapi Boat Club AB in Sweden and Evoy AS in Norway.

Merilampi Attorneys Ltd

Merilampi Attorneys Ltd is experienced in corporate and M&A transactions encompassing a variety of sectors and involving domestic and international clients. Practice head Antti Kahri specialises in domestic and international M&A and private equity transactions, while Olli Nikitin is an expert in corporate law. In November 2022, William Sjöberg joined the partnership, while Jani Ylä-Autio departed to Valu Partners Attorneys at Law in March 2023.

Practice head(s):

Antti Kahri

Other key lawyers:

Ari Keinänen; Veli Siitonen; Olli Nikitin; William Sjöberg


‘Olli Nikitin is experienced and knows our company history and business very well.’

‘All team members are very service minded, persistent and definitely very professional. The team is working seamlessly together, and the responsible partner is always on top of the things. One of the biggest strengths of the team is their ability to take control of things quickly.’

‘Ari Keinänen, Veli Siitonen, Olli Nikitin and the whole team is easily approachable and easy to work with. They all act in the best interests of the client. They have excellent knowledge of commercial, corporate and M&A matters.’

‘Olli Nikitin’s knowledge of the company and business makes the cooperation smooth and efficient.’

Key clients

Škoda Transportation Group

Pihlajalinna Plc

Suominen Corporation

Atlantic Bridge

Elisa Corporation

Posti Corporation

Neste Corporation

Kesko Corporation

Fortum Corporation

Sweco AB

Total Specific Solutions

Epredia Inc.

Koskisen Group

Asfalttikallio Oy

Nightingale Health Plc


NORDIA Law advises companies and venture capital investors on private equity mergers, investments and acquisitions, as well as due diligence issues, regulatory work, and contract negotiations. The ‘very sharp, tactically and strategically adept legal team’ is noted for its extensive experience acting for clients in the technology sector and for its ‘two decades of experience working in the games industry’. Matti Kari specialises in public and private M&A as well as advising on private equity issues, while Timo Skurnik deals with commercial issues and licensing agreements.

Practice head(s):

Matti Kari; Timo Skurnik

Other key lawyers:

Niklas Virtanen; Tuomas Pelkonen


‘Very sharp, tactically and strategically adept legal team with two decades of experience working in the games industry.’

‘Matti Kari is superb legal counsel, who operates exceptionally from strategic to detail level, and is a partner to the company’s business – not just to its legal.’

‘Tuomas Pelkonen is very knowledgeable in the games industry and provides great and rapid operational results.’

‘Niklas Virtanen stands out with his excellent advice, communication and service.’

Key clients

Remedy Entertainment Ltd

Mcare Group Ltd

Finnlacto Oy

Phantom Gamelabs Oy

PlusTerveys Oy

Q Hair

Pointscene Oy

Jade Infra Oy

Savage Game Studios Oy

Order Of Meta Oy

Makea Games Oy

Redhill Games Oy

Sagax Finland Asset Management Oy

Work highlights

  • Advised Remedy Entertainment Plc on contract negotiations for the co-development and co-publishing agreement for the sequel of the Control video game.
  • Advised the sellers on the sale of Savage Game Studios Oy to Sony PlayStation Studios.
  • Acted for mcare on the acquisition of the mobile business of Nordic EASC AB.

Procopé & Hornborg

With a solid background in M&A transactions, Procopé & Hornborg provides advice across a wide spectrum of transactions, and handles issues relating to corporate, contract and tort law. The team is led by Petri Kyllönen, who specialises in M&A and venture capital transactions; Pia Tanskanen, who handles private equity matters; and Ismo Hentula, who excels in contract law, M&A, and private equity transactions.

Practice head(s):

Petri Kyllönen; Pia Tanskanen; Ismo Hentula


‘As with any people business, it’s the people that make the business – and that’s most definitely the case at Procope & Hornborg. Warm, engaged, energetic, informed, driven, solution focused are all words which could describe our experience with the firm, but none of that is at the cost of a strong, supportive culture, which is very important. It is always a pleasure to work with the Procope team, knowing that we are in safe hands.’

‘Pia Tanskanen has extensive experience in multi-jurisdictional transactions and divestments involving industrial clients. Due to her extensive general counsel background, Pia has in-depth knowledge in steel, energy and consumer goods business, and knows what a general counsel expects. Pia is business-minded and solution-oriented, and she drives M&A and other projects efficiently, comprehensively and successfully.’

‘Ismo Hentula – Wealth of experience in various corporate law related matters: limited liability companies act, shareholders agreements etc. Very pleasant to work with.’

‘Partners are hands-on from start to finish to guide through the entire M&A process. Transparent and straightforward to work with the team. Experts in specialist fields, including merger control, available as needed.’

‘Good experiences working with Petri Kyllönen. Flexibility to support in all kinds of situations irrespective of the size of the transaction. Building relationships and demonstrates genuine interest in client’s business outside of the transaction process.’

‘Partners are very hands on, the team gets straight to the point, easy to communicate with, no bureaucracy.’

Key clients

Collective Crunch Oy

Ensto Group

EPV Energy Ltd

Etteplan Oyj

Gold Fields Limited

Indutrade Oy

Kamu Collective Oy

Sponsor Fund IV Ky

Axel Johnson International Group

Osuuskauppa Varuboden-Osla Handelslag

Wastewise Group Oy

Work highlights

  • Advised Wastewise Group Oy on its funding round to finance the company’s facility investment programme, which will increase the reuse of hard-to-recycle plastics.
  • Advised Ensto Oy on its acquisition of a majority stake in Maviko Oy.
  • Acted for Indutrade Oy on its acquisition of the shares of Labema Oy.